Htay Chun News Today

The coup in Myanmar, coupled with the country’s stalled financial-market opening, means global funds have little choice but to avoid the nation, money managers say.

Myanmar Coup Risks Making Nation ‘Uninvestible’ Some Funds Warn Bloomberg 2/11/2021 Livia Yap and Khine Lin Kyaw (Bloomberg) -- The coup in Myanmar coupled with the country’s stalled financial-market opening means global funds have little choice but to avoid the nation, money managers say. The army’s seizure of power last week has led to street protests and condemnation from governments around the world, discouraging overseas investors who are increasingly basing their...